Saint PRM520 / Saint PRM520 Midterm Exam 2016

Question

Question 1.1.Which is a key benefit of the Control Cost process? (Points : 9)

Provides the means to recognize variance from the plan in order to take corrective action
Approves changes to the budget
Assures the project will not overrun the budget
Makes changes to the Project Management Plan
Question 2.2.Actual cost is: (Points : 9)

the authorized budget assigned to scheduled work.
the realized cost for the work performed.
the activity amount before any reserves are included.
a measure of the work performed expressed in terms of the budget authorized for that work.

sent directly to the Direct and Manage Project Work process.
reviewed in the Quality Control process.
reviewed in the Perform Integrated Change Control process.
reviewed in the Quality Assurance process.
Question 17.17.The organizational process assets that can influence the Control Scope process include the following except: (Points : 9)

informal scope control-related policies

monitoring and reporting templates

formal scope control-related policies

variance analysis

Question 18.18.Fast tracking is a technique used to shorten the schedule by: (Points : 9)

reducing scope

changing the critical path

doing tasks in parallel

adding resources

Question 19.19.Schedule performance reviews include all of the following except: (Points : 9)

reviewed in the Perform Integrated Change Control process.
reviewed in the work performance data.
reviewed in the Quality Assurance process.
sent directly to the Direct and Manage Project Work process.